How Much Does Lenders Mortgage Insurance Really Add to a Home Loan?

How Much Does Lenders Mortgage Insurance Really Add to a Home Loan?

In this episode of Wealth Coffee Chats, Cang Dang from Positive Money discusses the current state of the market, focusing on inflation rates and their potential impact on interest rates. He delves into the costs associated with Lenders Mortgage Insurance (LMI) when purchasing property, explaining how it varies based on loan-to-value ratios. Cang also walks you through the strategies for waiving mortgage insurance, including professional exemptions and government schemes, while emphasizing the importance of structuring loans effectively to minimize costs. Let’s Wealth Coffee Chat!

Inflation Is Down and No Changes to Negative Gearing Are Planned. Now What Do You Do?

Inflation Is Down and No Changes to Negative Gearing Are Planned. Now What Do You Do?

In this unique episode of Wealth Coffee Chats, Jason Whitton walks us through the latest real estate news and how that will affect investors in Australia: predicted rate cuts will boost property values, negative gearing will ensure a healthier market and supply will continue to be an issue. What does this mean for you? Let’s Wealth Coffee Chat!

Consumption Principles for Financial Freedom

Consumption Principles for Financial Freedom

Dive into the concept of consumption smoothing, and its implications on personal finance and economic behaviour. This episode highlights the psychological challenges individuals face when making economic decisions, particularly in the context of frugality and lifestyle choices.

I share insights and investing stories emphasising the need for individuals to adapt their spending habits and consider the long-term effects of their financial decisions. Are you spending too much? Or too little?

Listen to episode 224 of the Urban Property Investor to get all the saving tips and tricks to help you create wealth for yourself.

The Top Basic Skills You Need to Invest Successfully

The Top Basic Skills You Need to Invest Successfully

In this episode of Property Investor Tales, I discuss the common challenges faced by property investors, emphasising the importance of mindset, emotional intelligence, and community support. I share insights on navigating the defects process when purchasing new properties, managing expectations, and the significance of planning for success in property investing. I encourage you all to develop skills for effective communication and emotional management to enhance your investing experience and achieve long-term success.

What Is Negative Gearing And How Does It Work?

What Is Negative Gearing And How Does It Work?

In this episode of Wealth Coffee Chats, Positive Money’s Cang Dang discusses recent developments in the Victorian property market, including a new stamp duty concession for off-the-plan properties. Cang delves into the concept of negative gearing, explaining how it can help investors save on taxes. Lastly we cover the implications of purchasing property under a personal name versus a trust, highlighting the benefits and drawbacks of each approach.

1.2 Million Well Located Properties Is a Pipe Dream!

1.2 Million Well Located Properties Is a Pipe Dream!

This episode we dive into the current state of housing supply in Australia, highlighting the challenges faced in meeting the growing demand due to population growth.
We cover the inadequacies in housing production across major cities like Sydney, Melbourne, and Brisbane, and the rising costs associated with new developments.
Tackling the emerging trend of ‘Build to Rent’ as a potential solution to the housing crisis, while ultimately concluding that the country is unlikely to meet its ambitious target of 1.2 million affordable homes by 2028.
This is a conversation you won’t want to miss. Tune into episode 223 of the Urban Property Investor now!

Pet Bonds for Your Rental. Is That a Thing? What You Need to Know.

Pet Bonds for Your Rental. Is That a Thing? What You Need to Know.

So, are ‘Pet Bonds’ an actual thing? In this episode, Cass Sjostedt discusses the complexities surrounding pet bonds in property management, particularly in Australia. He emphasizes the legalities, tenant responsibilities, and the importance of communication between landlords and tenants. Cass also covers the necessity of landlord insurance to protect against potential pet damage, and the proper procedures for handling pet applications. Let’s Wealth Coffee Chat!